For small businesses, making the most out of every team member’s strengths is a must. It’s the only way to compete in the global economy, which often pits upstart businesses against far-larger and more established rivals. Doing so means establishing a culture of collaboration that encourages every employee to work with their peers to form […]
Andrej Kovacevic
4 Strategic Hiring Tips for SMEs to Beat the Tight Global Labor Market
Right now, economies all around the world are still performing reasonably well. At the same time, though, recession fears have started to ripple across the world, fed by an unstable global political climate. All the while though, businesses have to go on working, trying their best to account for the uncertainty. That’s no easy task. […]
These 3 Appealing Employee Benefits Can Slow Business Turnover
With unemployment rates hovering at or near historic lows throughout most of the developed world, it’s getting harder than ever for businesses to recruit the talented employees they need to thrive. Even when they find the right people, however, there’s yet another struggle ahead: retaining them over the long term. It’s a problem that’s even […]
4 Critical Steps to Create a Small Business Brand Identity
In any type of business, building a strong brand identity is a key part of creating a thriving company. That goes double for small businesses, who rely even more on their reputation and the goodwill of their customers than their larger competitors do. Still, building a brand’s identity from the ground up is no easy […]
How to Beat the Odds and Build Big Data Projects That Work
By now, there’s little doubt that small businesses must adopt data-driven strategies to thrive in the modern economy. That imperative has driven many to rush headlong into big data projects, only to see them devour scarce resources and deliver few measurable results. They’re not alone. According to one Gartner analyst, 85% of all big data […]
4 Critical Tips to Start an eCommerce Business That Will Last
Over the past 20 years, brick-and-mortar retail has faced pressure from eCommerce sites and has suffered one of the most precipitous declines in economic history. The experience has made clear that the future of retail belongs to the internet, and that new ventures can only ignore that fact at their own peril. For today’s entrepreneurs, […]
4 Classes Every New Entrepreneur Should Take
Being a successful entrepreneur takes plenty of intelligence, creativity, and daring. For some, it’s a role that they seem born to play. For others, it’s an uphill climb full of bumps and bruises, each with its own corresponding lesson in business. Either way, the one thing that’s certain is that the journey of an entrepreneur […]
Creating a Supportive Work Environment Helps Your Bottom Line
One of the most rewarding aspects of owning and operating an SMB is the chance to make a difference in the lives of others around you, especially those who are employed by your company. Thus it is essential to create a superbly supportive and down-to-earth work environment. One can do this in numerous ways, depending […]
4 Tips on Retirement Planning for Small Business Owners
Are your retirement plans in order? If not, we invite you to consider these 4 tips on retirement planning for small business owners: Don’t Let Your Business Be Your Only Retirement Plan CNBC reports on a survey with results indicating that 78 percent of the polled business owners had plans to fund their retirement by […]
Should You Lease or Buy the Property Where You Want to Do Business?
Every business presents its founder with numerous decisions to make. One of the most important decisions is whether to lease or buy the property where you plan to do business. There are a number of good reasons to lease, and even more good reasons to buy. Let’s take a look at some of the factors […]
